Spend Management

expense report

14 min read

Expense Reports: A Comprehensive Guide

Sometimes, things just have to be paid here and now, so employees reach into their pockets to cover the work-related expenses with their own money. And that's okay, as long as the company reimburses that cost. For this to happen, expense reports must come into play.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
cash conversion cycle

10 min read

Five Foolproof Ways to Shorten the Cash Conversion Cycle

How do companies improve their cash flow and liquidity? By shortening the cash conversion cycle! There are five main tips you should know.

Marta Holyk
Marta Holyk
Procurement Basics
cost savings

27 min read

The Definitive Guide to Cost Savings

The COVID-19 pandemic and then the full-scale Russian invasion of Ukraine have proved that, at any moment, seemingly perfect plans and financial projections can suddenly become unrealistic.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
spend analysis

17 min read

Spend Analysis: Best Practices

Learn how to conduct spending analysis to identify unnecessary expenses and underperforming suppliers. You can't optimize it when you don't see it!

Marta Holyk
Marta Holyk
Procurement Basics
spend management

14 min read

What Is Spend Management and Why Is It Important?

To earn money, a business needs to spend money first. Raw materials, maintenance services, and qualified employees are just a few on the long list of typical company expenditures.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics